Dailycsr.com – 24 October 2017 – The Chief Executive Officer of Paypal, Dan Schulman, in conversation with the counterpart of Kiva, Premal Shah, said:
“At PayPal, we believe every person has the right to participate in today’s global economy. Kiva is an international nonprofit that allows people to lend money to low-income entrepreneurs and students in over 80 countries and is an important partner in this mission. A few weeks ago, we launched our Kiva campaign: “Make A Small Loan, Make a Big Impact,” to our employees and customers around the globe to encourage them to make loans to entrepreneurs”.
 
To tell the world about Kiva’s work in supporting entrepreneurs across the globe, the Co-founder as well as the president of Kiva, Premal Shah, holds a live discussion. In order to know more about it, kindly visit:
http://3blmedia.com/embed/video/281841?width=640&height=370&iframe=true
 
However, all interested ones wishing to make “a Kiva loan” through Paypal campaign, kindly visit the website mentioned below as the first ten thousand people making the loan of “$25 or more” will bag a “$25 Kiva credit to make another loan”.
https://www.kiva.org/paypal/smallloansbigimpact
 
 
 
References:
ethicalperformance.com

Dailycsr.com – 29 March 2017 – The network of World Vision, VisionFund International, that spreads across “Africa, Asia, Latin America and Eastern Europe” in the form of “over 30 microfinance institutions”, has come up with its “Social Performance Report” for the year of 2016.
 
In the year of 2016, VisionFund gave out “$USD729 million” to around “1.2 million clients” who used the sum to support “2,400,000 jobs in developing countries”. The ultimate aim of VisionFund is to impact children’s lives, while seventy two percent of “VisionFund’s clients are women”. And the same figure, when counted in Asia goes up to ninety two percent. With the help of micro-financing, whereby providing “economic empowerment”, VisionFund aims to affected “the lives of 4.4 million children” in the year of 2016 alone.
 
VisionFund multiplies its impact by extending its hands in partnership with “other organisation” for delivering holistic programmes. According to Ethical Performance:
“In 2016, these partnerships have been especially fruitful, bringing thousands of water pumps to farmers in Zambia, latrines to families in the Philippines, and water filters to households in Cambodia. VisionFund is also moving further into fragile contexts, entering the Democratic Republic of Congo this year”.
 
VisionFund was inaugurated in the year of 2013 with the aim of bringing taking “financial services” to some of the “poorest and most vulnerable communities in the world”. The clients of VisionFund are given training along with “small loans, savings facilities” and insurance so that they can develop their farms or “small businesses” for generating income to give their children education, food, clothes and shelter. In this process VisionFund continues to transform “communities around the world”.
 
 
 
References:
http://www.ethicalperformance.com

Dailycsr.com – 14 September 2015 – An announcement made by the company of “TriLinc Global Impact Fund” revealed that it has granted an amount of “$11.78 million”, in respect to the trade finance “transactions”, to various Ecuadorian, South African and Zambian companies.
 
In fact, TriLinc’s fund has been making impactful investment whereby encouraging growth. The company also allows loan schemes for various growth stages along with “trade finance” allowance to “established” enterprises that fits in the small to medium in size scale, especially those situated in “developing” economic zones; thus making “access to affordable capital” radically limited. If one wants to define “Impact Investing”, then the characteristics needed to qualify are having a “specific objective” which will lead to a “competitive” finance in return. Consequently, the entire investment will lead to a “positive” and “measurable” communal and global impact.
 
The loans passed are complied with the terms and conditions of the “trade finance transactions”, thus meeting the requirements of TriLinc’s “underwriting, economic development and societal advancement”. BusinessWire describes the details of the loans and the name of the companies they were awarded to:
“On August 5 and August 28, 2015, TriLinc funded two separate transactions totaling $1,250,000 as part of a $1,500,000 revolving senior secured trade finance facility at a fixed interest rate of 12.50% to a South African farm supplies wholesaler. With maturity dates of December 3, 2015 and October 17, 2015, respectively, these transactions are secured by specific inventory being imported into South Africa”.
 
The above mentioned companies anticipate for TriLinc finance to enhance the growth of “agricultural productivity and food security” of the country. Moreover, in the month of the August 6 to August 27, 2015, it also granted “nine transactions” the total value of which amounts to “$2,289,262”; the said transaction is a “part” of “senior secured trade finance facility” of “$4,500,000” which will be given out at an interest rate of “13.00%” and the same is to remain constant throughout. The scheme has been introduced especially keeping the electronics companies of South Africa. The maturing date for all transaction in this category is due on the 28^th of November 2015 and 24^th of December 2015.
 
In another proposal, besides many others, TriLinc accounted for three other transactions in between the 14^th August 2015 to 20^th August 2015. The transaction value equalled to “$244,707” under an existing facility of “$2,500,000” which has a “fixed interest rate of 15.00%” for the textile distributing sectors of South Africa. The maturing date is on the 3^rd of November 2015 and 18^th November 2015.
 
The C.E.O of TriLinc, Gloria Nelund states:
“TriLinc’s recent investments in Sub-Saharan Africa and Latin America demonstrate TriLinc’s support of locally-owned companies seeking to strengthen their competitive position in the global marketplace. From improving access to affordable cellular phones in South Africa to supporting the fishing industry in Ecuador, TriLinc’s financing is providing its borrowers with tailored financing solutions that complement their respective business cycles, enable the timely delivery of products to market, and further the economic and social development of their local communities.”





References:
http://www.businesswire.com